Given That Countries a and B Each Specialize in the Production

question 27

Multiple Choice

Given that countries A and B each specialize in the production of one good and voluntarily
Trade it for the other country's good, then

• A)only country A experiences positive gains from trade.
• B)only country B experiences positive gains from trade.
• C)both countries experience positive gains from trade.
• D)both countries experience negative gains from trade.

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Definitions:

Motivational Strength

The intensity of an individual's drive or willingness to pursue or achieve goals.

Potential Reward

A possible benefit or gain that might be obtained as a result of taking a certain risk or engaging in a particular action.

Expectancy Theory

A motivation theory stating that an individual's willingness to exert effort is a function of the expected outcome, the value of that outcome, and the perceived likelihood that effort will lead to desired performance.

Realistic Job Previews

An HR tool that provides prospective employees with a true depiction of what their job would entail, including both positive and negative aspects.